SEC Form S-8 POS filed by USA Truck Inc.

$USAK
Trucking Freight/Courier Services
Industrials
Get the next $USAK alert in real time by email
S-8 POS 1 s8pos.htm S-8 POS

As filed with the Securities and Exchange Commission on September 15, 2022

Registration No. 333-265127
Registration No. 333-231619
Registration No. 333-218573
Registration No. 333-196695
Registration No. 333-40317
Registration No. 333-20721
 


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_________________________________________
POST-EFFECTIVE AMENDMENT NO. 1 TO FORM S-8 REGISTRATION STATEMENT NO. 333-265127
POST-EFFECTIVE AMENDMENT NO. 1 TO FORM S-8 REGISTRATION STATEMENT NO. 333-231619
POST-EFFECTIVE AMENDMENT NO. 1 TO FORM S-8 REGISTRATION STATEMENT NO. 333-218573
POST-EFFECTIVE AMENDMENT NO. 1 TO FORM S-8 REGISTRATION STATEMENT NO. 333-196695
POST-EFFECTIVE AMENDMENT NO. 1 TO FORM S-8 REGISTRATION STATEMENT NO. 333-40317
POST-EFFECTIVE AMENDMENT NO. 1 TO FORM S-8 REGISTRATION STATEMENT NO. 333-20721

UNDER
THE SECURITIES ACT OF 1933
_________________________________________

USA TRUCK, INC.
(Exact name of registrant as specified in its charter)

Delaware
 
71-0556971
(State or other jurisdiction of incorporation or
 
(I.R.S. Employer Identification No.)
organization)
   

3200 Industrial Park Road
   
Van Buren, Arkansas
 
72956
(Address of Principal Executive Offices)
 
(Zip Code)

USA TRUCK, INC. 2014 OMNIBUS INCENTIVE PLAN, AS AMENDED
USA TRUCK, INC. EMPLOYEE STOCK PURCHASE PLAN
1997 NONQUALIFIED STOCK OPTION PLAN FOR NONEMPLOYEE DIRECTORS OF USA TRUCK, INC.
(Full title of the plans)

Zachary B. King
Executive Vice President and Chief Financial Officer
USA Truck, Inc.
3200 Industrial Park Road
Van Buren, Arkansas 72956
(Name and address of agent for service)

(479) 471-2500
(Telephone number, including area code, of agent for service)
_________________________________________

Copy to:
Heidi Hornung-Scherr
Scudder Law Firm, P.C., L.L.O.
411 South 13th Street, Suite 200
Lincoln, Nebraska 68508
(402) 435-3223

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,”  “smaller reporting company,” and "emerging growth company"  in Rule 12b-2 of the Exchange Act.

Large Accelerated filer ☐
Accelerated filer  ☒
Non-Accelerated filer ☐  (Do not check if a smaller reporting company)
Smaller reporting company ☒
Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act


EXPLANATORY NOTE

DEREGISTRATION OF UNSOLD SECURITIES

These Post-Effective Amendments (the “Post-Effective Amendments”) relate to the following Registration Statements on Form S-8 (collectively, the “Registration Statements”) of USA Truck, Inc., a Delaware corporation (the “Registrant”):

 
 
Registration Statement No. 333-265127, filed with the U.S. Securities and Exchange Commission (the “SEC”) on May 20, 2022, registering 250,000 shares of common stock, par value $0.01 per share, of the Registrant (“Common Stock”) issuable pursuant to the USA Truck, Inc. 2014 Omnibus Incentive Plan (as amended, the “Amended 2014 Plan”);
 
 
Registration Statement No. 333-231619, filed with the SEC on May 20, 2019, registering 500,000 shares of Common Stock issuable pursuant to the Amended 2014 Plan;
 
 
Registration Statement No. 333-218573, filed with the SEC on June 7, 2017, registering 500,000 shares of Common Stock issuable pursuant to the Amended 2014 Plan;
 
 
Registration Statement No. 333-196695, filed with the SEC on June 11, 2014, registering 500,000 shares of Common Stock issuable pursuant to the USA Truck, Inc. 2014 Omnibus Incentive Plan;
 
 
Registration Statement No. 333-40317, filed with the SEC on November 14, 1997, registering 200,000 shares of Common Stock issuable pursuant to the USA Truck, Inc. Employee Stock Purchase Plan; and
 
 
Registration Statement No. 333-20721, filed with the SEC on January 30, 1997, registering 25,000 shares of Common Stock issuable pursuant to the 1997 Nonqualified Stock Option Plan for Nonemployee Directors,
in each case, plus such indeterminate number of shares of Common Stock as may be issued to prevent dilution resulting from stock splits, stock dividends or similar transactions.

On June 23, 2022, the Registrant, Schenker, Inc., a New York corporation (“Parent”), and Tango Merger, Inc., a Delaware corporation and a wholly owned subsidiary of Parent (“Merger Sub”) entered into an Agreement and Plan of Merger (the “Merger Agreement”), providing for, upon the terms and subject to the conditions contained therein, the merger of Merger Sub with and into the Registrant (the “Merger”), with the Registrant surviving the Merger as a wholly owned subsidiary of Parent. The Merger became effective on September 15, 2022 (the effective time of the Merger, the “Effective Time”).

At the Effective Time, each share of the Common Stock issued and outstanding immediately prior to the Effective Time, other than shares to be cancelled pursuant to Section 2.1(b) of the Merger Agreement and Dissenting Shares (as defined in the Merger Agreement), was converted into the right to receive $31.72 in cash, without interest (the “Merger Consideration”), subject to any applicable withholding taxes.

At the Effective Time, each outstanding and unexercised option to purchase shares of Common Stock (whether vested or unvested and whether exercisable or unexercisable) (a “Stock Option”) became fully vested and was cancelled in exchange for the right to receive a cash payment, without interest and subject to applicable tax withholding, of an amount equal to the product of (i) the total number of shares of Common Stock underlying each such Stock Option and (ii) the excess of the Merger Consideration over the exercise price per share of each such Stock Option.

At the Effective Time, each outstanding share of restricted stock of the Registrant (whether vested or unvested) (“Restricted Stock”), became fully vested and was cancelled in exchange for the right to receive a cash payment, without interest and subject to applicable tax withholding, of an amount equal to the product of (i) the total number of shares of Common Stock underlying each such award of Restricted Stock and (ii) the Merger Consideration.

At the Effective Time, each outstanding performance stock unit with respect to shares of Common Stock (whether vested or unvested) (a “PSU”), became fully vested and was cancelled in exchange for the right to receive a cash payment, without interest and subject to applicable tax withholding, of an amount equal to the product of (i) the total number of shares of Common Stock underlying each such PSU and (ii) the Merger Consideration.

In accordance with undertakings made by the Registrant in each of the Registration Statements to remove from registration, by means of post-effective amendments, any of the securities registered pursuant to the Registration Statements that remain unsold at the termination of the offerings, the Registrant hereby removes from registration all such securities registered but unsold under the Registration Statements, if any, as of the filing date of these Post-Effective Amendments. Each Registration Statement is hereby amended, as appropriate, to reflect the deregistration of such securities and to terminate the effectiveness of the Registration Statements.

SIGNATURES

Pursuant to the requirements of the Securities Act of 1933, as amended, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused these Post-Effective Amendments to the Registration Statements on Form S-8 to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Van Buren, State of Arkansas, on September 15, 2022.

USA Truck, Inc.
   
   
By:
/s/ Zachary B. King
 
Zachary B. King
 
Executive Vice President and Chief Financial Officer

Pursuant to the Rule 478 of the Securities Act of 1933, as amended, no other person is required to sign these Post-Effective Amendments to the Registration Statements.
Get the next $USAK alert in real time by email

Chat with this insight

Save time and jump to the most important pieces.

Recent Analyst Ratings for
$USAK

DatePrice TargetRatingAnalyst
2/7/2022$30.00 → $39.00Outperform
Cowen
More analyst ratings

$USAK
Press Releases

Fastest customizable press release news feed in the world

See more
  • Renren Announces Board Changes

    PHOENIX, Oct. 11, 2022 /PRNewswire/ -- Renren Inc. (NYSE:RENN) ("Renren" or the "Company"), a SaaS company serving multiple global industries, today announced the appointment of two new independent directors to its board of directors (the "Board"), Mr. James M. Dumler and Mr. James D. Reed, effective October 11, 2022. Ms. Hui Huang and Mr. Chuanfu Wang have concurrently resigned from their positions as a director of the Company and as members of the three committees of the Board. Ms. Huang and Mr. Wang resigned for personal reasons, and their resignation is not related to any disagreement with the Company on any matter relating to the Company's operations, policies, or practices. After the c

    $RENN
    $USAK
    Retail-Auto Dealers and Gas Stations
    Consumer Discretionary
    Trucking Freight/Courier Services
    Industrials
  • USA Truck Announces Completion of Sale to DB Schenker

    VAN BUREN, AR / ACCESSWIRE / September 15, 2022 / USA Truck, Inc. (NASDAQ:USAK) today announced the completion of its previously announced sale to DB Schenker, one of the world's leading logistics service providers.Under the terms of the sale, each issued and outstanding share of USA Truck common stock converted into the right to receive $31.72 in cash. As a result of the completion of the sale, USA Truck's common stock ceased trading on the NASDAQ Global Select Market prior to market open today and will no longer be listed for trading on the NASDAQ Global Select Market."We are happy to complete this transaction," said James Reed, President and Chief Executive Officer of USA Truck. "I want t

    $USAK
    Trucking Freight/Courier Services
    Industrials
  • USA Truck Awarded Prestigious Department of Defense Pro Patria Award

    VAN BUREN, AR / ACCESSWIRE / September 8, 2022 / USA Truck Inc. (NASDAQ:USAK), a leading capacity solutions provider headquartered in Van Buren, Ark., has been awarded the 2022 Pro Patria Award from the Arkansas Employer Support of the Guard and Reserve (ESGR). USA Truck received the award, which marked the company's third Pro Patria honor (2015, 2016, 2022) at the company's headquarters in Van Buren, Ark.Retired Maj. Gen. William Wofford, Arkansas ESGR's state chair, will present the award in conjunction with Maj. Gen. Kendall Penn, Arkansas' adjutant general.Pro Patria, meaning "For the Country," recognizes outstanding support and dedication to the men and women of the Guard and Reserve.Th

    $USAK
    Trucking Freight/Courier Services
    Industrials

$USAK
Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

See more

$USAK
Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

See more

$USAK
SEC Filings

See more

$USAK
Leadership Updates

Live Leadership Updates

See more
  • Renren Announces Board Changes

    PHOENIX, Oct. 11, 2022 /PRNewswire/ -- Renren Inc. (NYSE:RENN) ("Renren" or the "Company"), a SaaS company serving multiple global industries, today announced the appointment of two new independent directors to its board of directors (the "Board"), Mr. James M. Dumler and Mr. James D. Reed, effective October 11, 2022. Ms. Hui Huang and Mr. Chuanfu Wang have concurrently resigned from their positions as a director of the Company and as members of the three committees of the Board. Ms. Huang and Mr. Wang resigned for personal reasons, and their resignation is not related to any disagreement with the Company on any matter relating to the Company's operations, policies, or practices. After the c

    $RENN
    $USAK
    Retail-Auto Dealers and Gas Stations
    Consumer Discretionary
    Trucking Freight/Courier Services
    Industrials
  • Sharps Compliance Adds Transportation Industry Veteran Gary R. Enzor to Board of Directors

    HOUSTON, Nov. 22, 2021 (GLOBE NEWSWIRE) -- Sharps Compliance Corp. (NASDAQ:SMED) ("Sharps" or the "Company"), a leading full-service national provider of comprehensive waste management solutions including medical, pharmaceutical and hazardous, today announced the appointment of Gary R. Enzor to its Board of Directors. Mr. Enzor brings extensive experience with Fortune 50 companies across a broad range of industries, including transportation, aerospace, automotive, chemical and technology. He currently serves as director of Boasso Global, which operates the largest bulk liquid chemical intermodal transportation and depot network in the United States and Europe, and serves on the Board of D

    $SMED
    $USAK
    Environmental Services
    Utilities
    Trucking Freight/Courier Services
    Industrials

$USAK
Financials

Live finance-specific insights

See more
  • USA Truck Reports First Quarter 2022 Results

    Earnings per diluted share increased 262.5% to $1.45 for 1Q 2022Adjusted earnings per diluted share(a) increased 244.2% to $1.48 for 1Q 2022Consolidated operating revenue increased 26.8% to $201.1 million for 1Q 2022VAN BUREN, AR / ACCESSWIRE / April 28, 2022 / USA Truck Inc. (NASDAQ:USAK), a leading capacity solutions provider, today announced its financial results for the quarter ended March 31, 2022.For the quarter ended March 31, 2022 (the "2022 Quarter"), consolidated operating revenue was $201.1 million compared to $158.5 million for the quarter ended March 31, 2021 (the "2021 Quarter"). Base revenue(a) for the 2022 Quarter, which excludes fuel surcharge revenue, was $176.4 million com

    $USAK
    Trucking Freight/Courier Services
    Industrials
  • USA Truck to Announce First Quarter 2022 Results on April 28, 2022

    VAN BUREN, AR / ACCESSWIRE / April 11, 2022 / USA Truck Inc. (NASDAQ:USAK), a leading capacity solutions provider headquartered in Van Buren, AR, today announced it will release its first quarter 2022 financial results after market close on Thursday, April 28, 2022, and will hold a conference call to discuss those results the following day, Friday, April 29, 2022, at 8:00 a.m. CT / 9:00 a.m. ET.To participate in the call, please dial:1-877-545-0320 (Toll free)1-973-528-0002 (International)Participant Access Code: 625844A live webcast of the conference call will be broadcast in the Investor Relations section of the Company's website www.usa-truck.com, under the "Events & Presentations" tab of

    $USAK
    Trucking Freight/Courier Services
    Industrials
  • USA Truck Reports Record Fourth Quarter and Full Year 2021 Results

    Earnings per diluted share increased 104.5% to $1.35 for 4Q 2021 and 420.8% to $2.76 for full year 2021Adjusted earnings per diluted share(a) increased 100.0% to $1.38 for 4Q 2021 and 346.9% to $2.86 for full year 2021Consolidated operating revenue increased 26.4% to $200.9 million for 4Q 2021 and 28.9% to $710.4 million for full year 2021VAN BUREN, AR / ACCESSWIRE / February 3, 2022 / USA Truck Inc. (NASDAQ:USAK), a leading capacity solutions provider, today announced its financial results for the quarter and year ended December 31, 2021.For the quarter ended December 31, 2021 (the "2021 Quarter"), consolidated operating revenue was $200.9 million compared to $158.8 million for the quarter

    $USAK
    Trucking Freight/Courier Services
    Industrials

$USAK
Large Ownership Changes

This live feed shows all institutional transactions in real time.

See more